Report
Inside and outside money
Abstract: A distinction is drawn between outside money - money that is either of a fiat nature or backed by some asset that is not in zero net supply within the private sector - and inside money, which is an asset backed by any form of private credit that circulates as a medium of exchange.
Access Documents
File(s):
File format is application/pdf
https://www.minneapolisfed.org/research/sr/sr374.pdf
Description: Full Text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Minneapolis
Part of Series: Staff Report
Publication Date: 2006
Number: 374